EUR to GBP exchange rate
Mid-market EUR/GBP — the rate banks trade with each other, before anyone adds a margin. Use it as the benchmark for any quote you are given, including ours.
Converting the other way? GBP to EUR rate.
EUR to GBP at a glance
Converted at the mid-market rate above. A bank pricing the same amounts would typically build in 3–4%, which is the gap a specialist desk closes.
| Euro | British Pound |
|---|---|
| €100.00 | £85.90 |
| €250.00 | £214.74 |
| €500.00 | £429.49 |
| €1,000.00 | £858.98 |
| €2,500.00 | £2,147.45 |
| €5,000.00 | £4,294.90 |
| €10,000.00 | £8,589.79 |
| €25,000.00 | £21,474.48 |
| €50,000.00 | £42,948.96 |
| €100,000.00 | £85,897.91 |
What moves the EUR/GBP rate
The mirror of the UK's most common business pair, used by euro-area companies selling into Britain and by anyone holding euro income against sterling costs. Liquidity is deep in both directions, so the practical question is rarely whether you can get a good rate but whether the margin you are being quoted reflects that.
The EUR leg
The euro takes its direction from ECB policy and the growth gap between the euro area's largest economies, with peripheral bond spreads as a stress signal.
The GBP leg
Sterling trades on Bank of England rate expectations, UK inflation prints and gilt yields, so it tends to move sharply around MPC meetings and CPI releases.
Delivering GBP
Sterling settles into UK accounts over Faster Payments within minutes for most amounts, with CHAPS handling larger same-day values.
EUR/GBP questions
What is the EUR/GBP exchange rate today?+
The mid-market EUR/GBP rate is 0.8590, meaning 1 EUR buys 0.8590 GBP. This is the rate banks quote each other, before any margin is added — it is the number to compare any quote against.
Why is the rate I am offered lower than the EUR/GBP mid-market rate?+
EUR/GBP is one of the most liquid pairs in the market, so the underlying spread a provider pays is tiny. Almost every provider still adds a margin to the mid-market rate instead of charging a visible fee, which means the exchange rate itself is the cost — and on a pair this liquid, a rate 3-4% off mid-market is a pricing decision rather than a cost of trading.
How long does a payment in GBP take to arrive?+
Sterling settles into UK accounts over Faster Payments within minutes for most amounts, with CHAPS handling larger same-day values.
Can I fix a EUR/GBP rate for a future payment?+
Yes. A forward contract fixes today's rate for settlement up to 24 months ahead, which removes the risk of the rate moving between agreeing a price and paying it. That is common on property purchases and scheduled supplier payments.
Other EUR rates
More on each currency: Euro · British Pound · All live rates
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Tell us what you're moving and a specialist will come back with a live rate and next steps — usually within one business hour.